The global trade management market is competitive, rapidly evolving, and highly fragmented, and competition will only increase in the future. While each GTM package will have a unique combination of features and components, it will still require data input and updating by users.
logistics activities, including transportation procurement contracting, shipment planning and optimization, load tendering, trade compliance, customs reporting, shipment and inventory visibility, warehousing, reverse logistics. Such a system would manage all of these events over the Internet, so that all internal managers and trading partners can access logistics information. This approach would still be limited in assisting all the critical elements of global trade including LC, foreign exchange,